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>> it's nine dollars, once you eat it, the obama care tax is $20,000 because of your hospital stay. melissa: that's right. monica, would you buy it? >> listen, they made the burger and bloody mary, and had me until the beer chaser. wasn't it shrimp on it? >> the beer chaser for the girlfriend, the date. >> i don't know, a cheeseburger makes it all better as well as bacon. they had me. thanks, guys. that's all the "money" we have for you today. we'll see you back here tomorrow and "the willis report" is up next. tracy: i'm in for gerri willis. beginning with two breaking news stories. first, house speaker john boehner sent a counteroffer to president obama to fend off the fiscal cliff. in a response to an offer made by the white house yesterday, we go to rich edson from washington, d.c. with the latest. rich, any response from the white house on this? >> still working on that. aids say in exchhnge of proposals taken place, some movement, but still major differences between the white house and speaker's office. fox news reports the speaker and president just spoke on the phone. white
>> it's nine dollars, once you eat it, the obama care tax is $20,000 because of your hospital stay. melissa: that's right. monica, would you buy it? >> listen, they made the burger and bloody mary, and had me until the beer chaser. wasn't it shrimp on it? >> the beer chaser for the girlfriend, the date. >> i don't know, a cheeseburger makes it all better as well as bacon. they had me. thanks, guys. that's all the "money" we have for you today. we'll see you...
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obama got 71%. down out gone. manny pacquiao was a conservative politician in his home country of the philippines. i'm happy to put him in the middle of the ring where he belongs, oh, no, there you have it. manny with the elbow from the sky. he also got a punch from this guy who knocked him out over the weekend. we'll see you guys tomorrow. [ ♪ music ♪ ] >> eliot: good evening, i'm eliot spitzer, and this is "viewpoint," with 22 days left until we go over the so-called fiscal live, and even after president obama and speaker boehner met for the first time in over a month we still appear to be no closer to a deal. but over the weekend, for the first time both sides did seem to be softening the edges of their ideological swords. today in detroit the president continued his campaign-style push for congress to pass tax breaks for those below $250,000 and allow tax breaks for the wealthy to expire. >> a lot of people are putting forth a theory, and i actually think it has merit where you go and give the president th
obama got 71%. down out gone. manny pacquiao was a conservative politician in his home country of the philippines. i'm happy to put him in the middle of the ring where he belongs, oh, no, there you have it. manny with the elbow from the sky. he also got a punch from this guy who knocked him out over the weekend. we'll see you guys tomorrow. [ ♪ music ♪ ] >> eliot: good evening, i'm eliot spitzer, and this is "viewpoint," with 22 days left until we go over the so-called...
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obama and speaker boehner meeting face-to-face over the fiscal cliff. they're not sayinn what they talked about as the "a team" joins us next. lou: the joining now e "a team" special assistant to the george bush ron christie, d pulitzer prize winning journalist never an assistant to george w. bush love and president mors says the rescind his powers to rested a civilian industry? >> good news tonight. he knowledg he had to make a concession that doesn't matter in the long run. it iall about t referendum for the islamist constitution. >> he has not backed away. lou: giving the obama administration, john negroponte e ging support do you agree things are betterhan six months ago? >> here i have to agree they acknowledge immorality. egypt is going in a bad direction. there is nothing we could have done. >> egypt has retained with the policies it is pursuing. the decision to go to day u are the political expert , to go into michigan that frustrates the president ey just soldd a123 1/4 million taxpayer money and 13 union workers going ba to chrysler. it is the
obama and speaker boehner meeting face-to-face over the fiscal cliff. they're not sayinn what they talked about as the "a team" joins us next. lou: the joining now e "a team" special assistant to the george bush ron christie, d pulitzer prize winning journalist never an assistant to george w. bush love and president mors says the rescind his powers to rested a civilian industry? >> good news tonight. he knowledg he had to make a concession that doesn't matter in the...
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president obama is a marxist, socialist, rigid ied lo log. and for whatever reason he believes he had some self-conceived mandate to go out and further destroy and ruin our economy. >> if you have any lingers nostalgia, that should kill it. patrick murphy somehow cheated to win the race, supposedly. >> the most important thing everyone has to understand is my voice is not going to be lost. we've gotten a lot of opportunities, a lot of offers and we're going to make sure that we have continue to have that platform. i'm not going away just because of a congressional race where he seems to have had to cheat to beat me. >> following the show, the west campaign spent about $18 million for the election, more than quadruple, four times, what his opponent spent and then beat him. finally, an associate of the gambino crime family. several charges, the new york post got ahold of a cash of e-mails that tony's lawyer filed last week in an attempt to show that his client is friends with big-league politicians. well, the catch, see if any of these e-mails
president obama is a marxist, socialist, rigid ied lo log. and for whatever reason he believes he had some self-conceived mandate to go out and further destroy and ruin our economy. >> if you have any lingers nostalgia, that should kill it. patrick murphy somehow cheated to win the race, supposedly. >> the most important thing everyone has to understand is my voice is not going to be lost. we've gotten a lot of opportunities, a lot of offers and we're going to make sure that we have...
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the obama middle east policy coming undone. the a-team reacts. >>> obama what? another state tells the federal government it'ssnot interested in that obamacare exchange, and some democrats appear to be rethinking obamacare altogether. we'll tell you all about it. >>> and america's superpower status, a shocking new report by our intelligence community warning that our power may be in decline. we'll be talking about our future as a superpower with the former director of national intelligence, john negroponte, next. ♪ [ male announcer ] how uld switchgrass in argentina, change engineering in dubai, aluminum production n south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global onomy. it'just one reason over 75% of our mutual funds at their 10-year lipperaverage. t. rowe price invest th confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. lou: didn't states may lose the status of the superpower by
the obama middle east policy coming undone. the a-team reacts. >>> obama what? another state tells the federal government it'ssnot interested in that obamacare exchange, and some democrats appear to be rethinking obamacare altogether. we'll tell you all about it. >>> and america's superpower status, a shocking new report by our intelligence community warning that our power may be in decline. we'll be talking about our future as a superpower with the former director of national...
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president obama and john boehner are on a collision course. tonight i'll tell you who is going to be blink first. this is "the ed show." let's get to work. >> the leverage is going the shift to our side where hopefully we'll do the same thing we did last time. >> republicans reveal their fiscal cliff end game. give in on taxes and take the economy hostage again. congressman chris van hollen responds tonight. >>> somehow raising the medicare eligibility age is back in the fiscal cliff discussion. david cay johnston says it would be -- to do it, and he is here tonight. >> what we shouldn't be doing is try to take away your rights to bargain for better working conditions. >> in michigan, the president stands up for workers like he has never done before. >> these so-called right the work laws, they don't have to do with economics. they have everything to do with politics. >> tonight the president's big speech, and why the fight in michigan is an assault on workers everywhere. >>> plus, major news on a white house push for immigration reform. in 40
president obama and john boehner are on a collision course. tonight i'll tell you who is going to be blink first. this is "the ed show." let's get to work. >> the leverage is going the shift to our side where hopefully we'll do the same thing we did last time. >> republicans reveal their fiscal cliff end game. give in on taxes and take the economy hostage again. congressman chris van hollen responds tonight. >>> somehow raising the medicare eligibility age is back...
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boehner wants more specifics of obama. who's going to show their hand first in this game of chicken? >> well, i certainly hope the president doesn't because he's got all the cards. he has aces up the sleeve so, you know, the bush tax cuts simply expire at the end of the year. i know there's a lot of worry and a lot of concern about what happens if we go over the fiscal cliff, curb, slope, whatever. maybe it's not optimal but it's way better than a bad deal and i think i can't see getting a serious deal done before the holidays. if you talk about all of the intricate things that wonks on both sides maybe could agree, i'm not sure i would agree to any of them, they're so complicated. senator durbin made this point. maybe you force changes on medicare or social security, i hope not but if you do, you can't do that in ten days or five business days or whatever it is. these things take a lot of time and so for the president to -- for democrats to agree to sort of kick the can, extend the tax cuts for another period of time is c
boehner wants more specifics of obama. who's going to show their hand first in this game of chicken? >> well, i certainly hope the president doesn't because he's got all the cards. he has aces up the sleeve so, you know, the bush tax cuts simply expire at the end of the year. i know there's a lot of worry and a lot of concern about what happens if we go over the fiscal cliff, curb, slope, whatever. maybe it's not optimal but it's way better than a bad deal and i think i can't see getting...
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bush, barack obama, hillary clinton? none of the above? the answer is coming up in tonight's rewrite. new trident layers juicy berry + tangy tangerine is a thrilling, dual-flavored ride to mouth fun-town. but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ you learned something along the way. this is the age of knowing what you're made of. so, why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects in
bush, barack obama, hillary clinton? none of the above? the answer is coming up in tonight's rewrite. new trident layers juicy berry + tangy tangerine is a thrilling, dual-flavored ride to mouth fun-town. but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they...
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bush, barack obama, hillary clinton? none of the above? the answer is coming up in tonight's rewrite. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> we had a lot of candidates, quite frankly, that did dumb things out there. once the candidate wins the primary, becomes the
bush, barack obama, hillary clinton? none of the above? the answer is coming up in tonight's rewrite. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose....
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president obama has put spending cuts on the table. he's put an increase in the tax rates for the wealthiest americans on the table. we've put making sure that we have p get a tremendous amount of savings out of the entitlement programs. what have the republicans put on the table? virtually nothing. it is time to be rational and compromise. >> to that point, what haley barber said this morning about the possibility of compromise. he was on "morning joe" today. >> as a republican, i would take raising the rates on the two top brackets if, in return, we had tax reform laid out over a period of months, if we had entitlement reform. i would hold my nose despite the facts that raising those two tax is bad economics, bad for jobs, going to hurt the economy. i would hold my nose to get the other done. what i wouldn't do is vote for that and do nothing else. >> does he have a point? are democrats really prepared to deal with entitlement reform to maybe substantive cuts, the kinds the republicans are calling for? >> chris, hail by barbour menti
president obama has put spending cuts on the table. he's put an increase in the tax rates for the wealthiest americans on the table. we've put making sure that we have p get a tremendous amount of savings out of the entitlement programs. what have the republicans put on the table? virtually nothing. it is time to be rational and compromise. >> to that point, what haley barber said this morning about the possibility of compromise. he was on "morning joe" today. >> as a...
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ben labolt is a former press secretary for the obama campaign. he had a vacation that's why he looks healthy now. and republican strategist terry holt. good to see both of you. terry, i want to start with you. the most recent poll we have "the washington post"/pew says by a margin of about 2 to 1, americans say republicans in congress will be to blame if there's not a deal on the fiscal cliff. so is the speaker losing the fiscal cliff pr battle? the american people are blaming him. >> well, the speaker's trying to have a conversation with the president about how to solve the nation's problems. and the president is out on the campaign trail. the president prefers to campaign trail to the hard and rough road of true leadership in washington, d.c. i kind of think the president might have overplayed his hand here a little bit. if he were smart, the american people would be a little more expecting of him to be in washington to fix this before christmas. we're all a little bit tired of this campaign drama. i was looking at pictures today of the preside
ben labolt is a former press secretary for the obama campaign. he had a vacation that's why he looks healthy now. and republican strategist terry holt. good to see both of you. terry, i want to start with you. the most recent poll we have "the washington post"/pew says by a margin of about 2 to 1, americans say republicans in congress will be to blame if there's not a deal on the fiscal cliff. so is the speaker losing the fiscal cliff pr battle? the american people are blaming him....
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some republicans are continuing to push back against president obama's red line. tax increases for the most wealthy. >> the game you're playing is small ball. you're talking about raising rates on the top 2% that would run the government for 11 days. you just got re-elected. how about doing something big that's not liberal. how about doing something big that really is about partisan. every big idea he has is a liberal idea that drowns us in debt. how about manning up here, mr. president. >> joining me is congressman chris van holland, a ranking member in the house committee. >> good to be with you. >> we're hearing there from lindsey graham his thoughts on fox news and this morning former governor haley barbour was on "morning joe" today and said he would support the higher taxes for the wealthy if -- >> as a republican, i would take raising the rates on the two top brackets if, in return, we had tax reform laid out over a period of months, if we had entitlement reform. i think if you have the whole package, i would hold my nose despite the facts that raising thos
some republicans are continuing to push back against president obama's red line. tax increases for the most wealthy. >> the game you're playing is small ball. you're talking about raising rates on the top 2% that would run the government for 11 days. you just got re-elected. how about doing something big that's not liberal. how about doing something big that really is about partisan. every big idea he has is a liberal idea that drowns us in debt. how about manning up here, mr. president....
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this is steeper than even president obama's proposal. obama, of course, wants the 45% rate but only applied to estates valued at 3.5 million or more. any cliff deal will have to include the estate tax, and that fight is just beginning. maria? >> amazing, another big fight over the estate tax. >> starting right now so a lot to look forward to. >> robert frank with the latest there. breaking news on mollycorp. over to you, brian. >> i followed this rare earth company for a couple of years and mark smith, the ceo and face of the company, no longer the ceo. i can tell you sources tell me, kind of a board decision as they say they are growing to an operational company. the company's also been investigated by the s.e.c. i'm ted the s.e.c. investigation does not have anything to do with this muff but a hi high-flyers. getting red pretty hard right now. still above $10. looked at his insider buying and selling. sold a lot last year and was in the process of buying some some of the shares this year. mark smith no longer the ceo and face of mcp. b
this is steeper than even president obama's proposal. obama, of course, wants the 45% rate but only applied to estates valued at 3.5 million or more. any cliff deal will have to include the estate tax, and that fight is just beginning. maria? >> amazing, another big fight over the estate tax. >> starting right now so a lot to look forward to. >> robert frank with the latest there. breaking news on mollycorp. over to you, brian. >> i followed this rare earth company for a...
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. >>> over at the white house president obama has no public events scheduled. meanwhile, over in michigan thousands of union members and supporters are protesting at the state capitol building in lancing. the state, which is the heart of the united autoworkers and ground zero for union rights is poised to sign a major anti-labor bill into law today. the president weighed in on that, speaking yesterday in redford. >> these right to work clause, they don't have anything with economics. they have everything to do with politics. what they're really talking about is giving you the right to work for less money. america is not going to compete based on low skill, low wage, no workers rights. that's not our competitive advantage. there's always going to be some other country that can treat its workers even worse. >> the house speaker, john boehner, is speaking now on the house floor regarding the fiscal cliff. let's take a listen. >> beyond 1:50 p.m. today. >> the speaker of the house for five minutes. >> the speaker, last week republicans made a serious offer to avert
. >>> over at the white house president obama has no public events scheduled. meanwhile, over in michigan thousands of union members and supporters are protesting at the state capitol building in lancing. the state, which is the heart of the united autoworkers and ground zero for union rights is poised to sign a major anti-labor bill into law today. the president weighed in on that, speaking yesterday in redford. >> these right to work clause, they don't have anything with...
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in 2018 the obama care will start taxing the very highest premiums, the cadillac plans. anything over that will suffer an excise tax that is like adding. we're not likely to do on the retirement-savings side because people aren't saving enough for retirement anyway. we don't want to do anything that will discourage them from putting more money in the accounts. >> reporter: we could have spent the entire week in washington itemizing tax breaks, of course. child credit. earned income tax credit. special rates for dividends and capital gains. but time is short. so we ended our tax tour here with the last often heard solution. >> one proposal we've been hearing more about is simply capping deductions. $25,000. $50,000. anything beyond that, you can't deduct. what does that do and how does that work? >> reporter: the problem with capping the deductions rather than getting rid of them entirely is you lose a lot of revenue. capping at $25,000 loses almost half the revenue you'd get by getting rid of this deduction completely. capping it $50,000 loses almost a third. there's jus
in 2018 the obama care will start taxing the very highest premiums, the cadillac plans. anything over that will suffer an excise tax that is like adding. we're not likely to do on the retirement-savings side because people aren't saving enough for retirement anyway. we don't want to do anything that will discourage them from putting more money in the accounts. >> reporter: we could have spent the entire week in washington itemizing tax breaks, of course. child credit. earned income tax...
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in 2011, president obama named him to lead the council on jobs and competitiveness. last month, the country created 146,000 jobs, exceeding expectations in the wake of hurricane sandy. further progress will be tested as the fiscal cliff deadline approaches without a deal inside yet. i'm very pleased to have jeff immelt back on this program. welcome >> charlie, thanks, good to be back with you. >> rose: we've talked many times about g.e. since you took over, i think once since -- just after 2001. where is the company today in terms of where do you want it to be and where do you want it to be in the next five years? >> i think, charlie, what we've tried to do is simplify the portfolio into infrastructure and financial services. we like where the portfolio is today. we think in the infrastructure space there's going to be roughly $4 trillion spent each year, so it's an attractive big market. globally is where our opportunities are so the company's -- probably a decade ago 30% of our revenues were outside the united states. now it's more like 60% or 65%. so we think we'v
in 2011, president obama named him to lead the council on jobs and competitiveness. last month, the country created 146,000 jobs, exceeding expectations in the wake of hurricane sandy. further progress will be tested as the fiscal cliff deadline approaches without a deal inside yet. i'm very pleased to have jeff immelt back on this program. welcome >> charlie, thanks, good to be back with you. >> rose: we've talked many times about g.e. since you took over, i think once since --...
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president obama wants rates to go up on the wealthiest americans. there is no sign that that impasse has been broken at this point. those are still one of the big issues that likely needs to be worked out. but, again, what we do have it seems at this point, at this hour, is a proposal and a counterproposal coming from the hill. martin? >> thank you, kristin. congressman courtney, finally and briefly if i can put this to you, is it possible they're getting closer but actually they don't want to reveal that they've reached a closer agreement because it will give too much time for blood-letting? >> it's possible because, again, just remember, people are just flying into town tonight, and so the time to present it is really now. but this week we better start seeing some real movement. >> congressman joe courtney, i'm sorry, but thank you so much. and nbc's kristin welker, thank you. thanks so much for watching. "hardball" is next. for those with visions of doing this... ...this... ...and this, dancing in their heads... ...we have these. home depot gift
president obama wants rates to go up on the wealthiest americans. there is no sign that that impasse has been broken at this point. those are still one of the big issues that likely needs to be worked out. but, again, what we do have it seems at this point, at this hour, is a proposal and a counterproposal coming from the hill. martin? >> thank you, kristin. congressman courtney, finally and briefly if i can put this to you, is it possible they're getting closer but actually they don't...
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when you compare the obama plan and the rise in budget plan, the obama plan is closer to simpson-bowles in terms of spreading the pain, protecting the most vulnerable and increasing revenue than the paul ryan plan is. apples-to-apples, simpson-bowles would increase tax revenue by about 4%, and the obama plan by about 3%, but the difference is the obama plan allows so -- allows for rates to rise. business leaders understand the need for more revenue. fix the dead -- when the key principles is more revenue -- , one of the key principles is more revenue. whether this support letting rates rise, or the simpson-bowles planned in getting -- and in giving away tax expenditures, it depends on the nature of their business, but they generally agree that they need new revenue and it needs to be offset with income reforms and that we need to get going. we cannot make it harder for ourselves by going over the cliff. host: spending needs to be on the table? guest: s, and i go back to simpson-bowles. if you look at the february budget presented by the president, and the march plan presented by chairma
when you compare the obama plan and the rise in budget plan, the obama plan is closer to simpson-bowles in terms of spreading the pain, protecting the most vulnerable and increasing revenue than the paul ryan plan is. apples-to-apples, simpson-bowles would increase tax revenue by about 4%, and the obama plan by about 3%, but the difference is the obama plan allows so -- allows for rates to rise. business leaders understand the need for more revenue. fix the dead -- when the key principles is...
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president obama is vehemently against the michigan right to work law. he spoke against it yesterday near detroit. earlier today, the republicans accused the president of deliberately delaying talks to get the country office call cliff. late this afternoon, word of a new offer from the president. an g.o.p. counter offer. we have been told the president and the house speaker boehner spoke on the phone moments ago. chief white house correspondenthead entry has the update. good evening. is that promising? >> some promising signs tonight. i confirmed what you mention about the phone call today. late today between the president and the speaker. that followed what i'm told by the senior officials of what is a better than has been reported face to face meeting on sunday when the president and speaker got together for the hush-hush meeting here that it went better. on monday, the president put a new offer on the table to lower the tax increase from $1.6 trillion to $1.4 trillion. then the speaker late today put a counter offer on the table so in profit making pr
president obama is vehemently against the michigan right to work law. he spoke against it yesterday near detroit. earlier today, the republicans accused the president of deliberately delaying talks to get the country office call cliff. late this afternoon, word of a new offer from the president. an g.o.p. counter offer. we have been told the president and the house speaker boehner spoke on the phone moments ago. chief white house correspondenthead entry has the update. good evening. is that...
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and yes, president obama does smell like cookies and freedom. that was one aisha tyler quotes. >> stephanie: yes. >> we laugh every single time. >> maybe she is doing a john boehner impression. >> stephanie: something like that. >> four years ago we witnessed the first inauguration of president obama. this time around stephanie miller and her team of two-term comics are coming to make this a party d.c. will never forget. on january 19th just two days before obama's second nomination, the sexy liberal tour will perform live at the warner theater in washington, d.c. ♪ >> tickets are available at ticketmaster.com, and if you want to skip the fees stop by the warner. stephanie is going to do her thing before the inaugural ball. >> that means two things. >> the stephanie miller sexy liberal comedy tour. for more information go to sexyliberal.com. [ applause ] >> thank you kids! >> i'm guessing there are no tea bagging demonstrations at the inaugural balls. >> stephanie: excuse me? that will be another hot ticket. i got to get me some balls. quick l
and yes, president obama does smell like cookies and freedom. that was one aisha tyler quotes. >> stephanie: yes. >> we laugh every single time. >> maybe she is doing a john boehner impression. >> stephanie: something like that. >> four years ago we witnessed the first inauguration of president obama. this time around stephanie miller and her team of two-term comics are coming to make this a party d.c. will never forget. on january 19th just two days before obama's...
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president obama says we can't be in that position, again. and you are described, you, the press says, well, he said, listen. this is extraordinary. you ought to be talking about the damage caused by -- >> there's no doubt on this debt ceiling issue. look, this is part of the negotiations, this is in the middle of the, sort of the three tiered. they have a better chance of agreeing on taxes and entitlements than the debt ceiling. boehner who himself may agree, if we can't have this fight again because the business community will absolutely go crazy about it. he's got to bring back a political tool or some piece of victory. >> i would say, chuck, actually, the reporting now is better than it was a year ago. and some of what's happened is i think reporters have come to realize and many even republicans around that it's a party that went from being a conservative party to being a radical party and they're now struggling over their own radical wing. there's more of a willingness after this election, i think, to talk about it. but during the campa
president obama says we can't be in that position, again. and you are described, you, the press says, well, he said, listen. this is extraordinary. you ought to be talking about the damage caused by -- >> there's no doubt on this debt ceiling issue. look, this is part of the negotiations, this is in the middle of the, sort of the three tiered. they have a better chance of agreeing on taxes and entitlements than the debt ceiling. boehner who himself may agree, if we can't have this fight...
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president obama saying he is against this measure as he was in wisconsin. what do you make of this? >>guest: i have not read the detail only press accounts. i believe people should be allow ed to join a union or not. i come from a right-to-work state and it works for florida. we have unions in florida and some do a good job of representing workers. my dad was if a union. i worked a picket line if las vegas back in 1983 or 1984. but the point is, i respect unions. they have a role to play in america but i think workers should have the right to decide whether they want to be part of a union and elections on whether to unionize or not should be fair elections and open elections, not rigged elections. if we have that american will remain competitive. >>neil: unions argue this is a trojan horse although he says it is about giving worker as right to choose it is an effort to kill off unions, left to their own device and signing whether they will pay a union fee or not, most in this environment decide not to, it is a back doorway to kill them. >>guest: look, from the union perspective, the
president obama saying he is against this measure as he was in wisconsin. what do you make of this? >>guest: i have not read the detail only press accounts. i believe people should be allow ed to join a union or not. i come from a right-to-work state and it works for florida. we have unions in florida and some do a good job of representing workers. my dad was if a union. i worked a picket line if las vegas back in 1983 or 1984. but the point is, i respect unions. they have a role to play...
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>> president obama promised obamacare would save us money? why would it cost every single american 65 more dollars. not a heck of a a lot more. >> now you see them now you don't. amazing technology that would make soldiers invisible. >> 18 minutes before the hour. here's a complete look at headline this is morning. the antenna that will top 1 world trade center making it a whopping 7,776 feet tall is heading to the new home. it is a 408 foot tower that will leave from peer 5 in now ark new jersey a few hours from now it will head to new york city. it will be placed on top of the tower tomorrow. the boor still uneligible for medicaid. nearly half of financial advisors told got this request from clients. they say they are seeing more clients who want to give away their money to their kids in order to qualify for government assistan assistance. but the government on the lookout for this. if it sees a new medicaid applicant transferring assets in the last five years the application is delayed based on the amount. >> an extreme weather alert to te
>> president obama promised obamacare would save us money? why would it cost every single american 65 more dollars. not a heck of a a lot more. >> now you see them now you don't. amazing technology that would make soldiers invisible. >> 18 minutes before the hour. here's a complete look at headline this is morning. the antenna that will top 1 world trade center making it a whopping 7,776 feet tall is heading to the new home. it is a 408 foot tower that will leave from peer 5...
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americans are scratching their heads wondering when president obama will get serious. tracy: the president's reelection leaving small businesses weigh more pessimistic about the future. bill dunkelberg is here. we will ask him what, if anything, to boost confidence among america's job creators. ashley: time for stocks now as a do every 15 minutes. let's head down to the call petallides. nicole: this is a pretty good day on wall street. this is looking like the fourth week where we are seeing gains. we did hear from house speaker john boehner. he smoothed it over and gave the sense that they are working hard in washington in order to solve the fiscal cliff. also, the dollar is lower. that is playing a part. most of the dow components have been in the green. trip advisor. we are watching trip advisor. it has been rallying. what they are trying to do is get in there. it would be more about changing some management. liberty acquired the share. this is part of the action here we are seeing. off its earlier highs. back to you. ashley: thank you very much. tracy: out to michi
americans are scratching their heads wondering when president obama will get serious. tracy: the president's reelection leaving small businesses weigh more pessimistic about the future. bill dunkelberg is here. we will ask him what, if anything, to boost confidence among america's job creators. ashley: time for stocks now as a do every 15 minutes. let's head down to the call petallides. nicole: this is a pretty good day on wall street. this is looking like the fourth week where we are seeing...
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do you believe john boehner and president obama this weekend had a serious discussion? where are we really in this compromise? >> well, i've learned a long time ago up here what you don't know sometimes can kill you. if you don't know anything, it means something is going on. i hope they had substantial negotiations. >> you have no idea if it's true. >> too many people negotiating is a bad thing. >> you can't have 500 people in a room negotiating, right? you have been pretty vocal over the debt ceiling debate. very soon after this fiscal cliff issue moves forward, we're going to be moving forward on the debt ceiling debate. you have said you do not agree with president obama that he basically wants to take this debt ceiling debate off the table and this no barriers. why? >> it's like taking the limits off a teenager daughter's credit card. if you don't have limits you're going to spend forever. if the president didn't have limits, didn't have to come to us, work out an agreement, spending goes on forever, debt and deficit, pretty soon -- >> play with people's lives ever
do you believe john boehner and president obama this weekend had a serious discussion? where are we really in this compromise? >> well, i've learned a long time ago up here what you don't know sometimes can kill you. if you don't know anything, it means something is going on. i hope they had substantial negotiations. >> you have no idea if it's true. >> too many people negotiating is a bad thing. >> you can't have 500 people in a room negotiating, right? you have been...
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basically levels of the s&p 500 futures the highest since obama was elected presidency. we sold awfully hard, we got back and possibly took some stocks off. we're reversing a little bit from the upside, selling off a little bit. the fiscal cliff are the two words that will be mentioned the most. we have costco earnings tomorrow, we'll keep an eye on that one. liz: is anybody looking at the fed meeting? the announcement we're not doing anything it comes to cutting rates would probably the fourth quantity of easing. >> i cannot imagine we'll hear anything dramatically different from the fed difference i from e message would've gotten from the last couple of meetings. liz: he has the ear of the fed. >> they can keep throwing liquidity at the system, and there is some signs of mild progress but the fact is for all the work they're doing, there doesn't seem to be a whole lot of positive results. the tape is obviously telling us there clearly has to be a deal on the fiscal cliff. i am not sure there are lots of folks i talk to who are believers. a lot of people continue to sit
basically levels of the s&p 500 futures the highest since obama was elected presidency. we sold awfully hard, we got back and possibly took some stocks off. we're reversing a little bit from the upside, selling off a little bit. the fiscal cliff are the two words that will be mentioned the most. we have costco earnings tomorrow, we'll keep an eye on that one. liz: is anybody looking at the fed meeting? the announcement we're not doing anything it comes to cutting rates would probably the...
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>> i think we live under the obama presidency. historians are going to look back and say this president did these things. it's his opportunity to lead. it's his opportunity to seize the moment to fix the big entitlement programs, to be this transformative figture that he pledged to be four years ago. look, boehner said the day after the election, he wants the president to lead. now, it's pretty sad, though, that it comes to this. that we in congress are calling on the president to lead and actually try to do something. >> we're not talking about the big issues. all we're talking about is the tax hike which as i noted is a tiny percent of our fiscal problem. >> right. >> why not give into that so we can get to the big issues. >> why not actually talk about the 95%? and i would say that with all due respect to you as well. because all the questions i'm getting are about this tax question. boehner's already said he put revenue on the table. read the bob woodward book, the price of politics. it showed that boehner went much further th
>> i think we live under the obama presidency. historians are going to look back and say this president did these things. it's his opportunity to lead. it's his opportunity to seize the moment to fix the big entitlement programs, to be this transformative figture that he pledged to be four years ago. look, boehner said the day after the election, he wants the president to lead. now, it's pretty sad, though, that it comes to this. that we in congress are calling on the president to lead...
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the re-election of president obama. i spoke with the head of the chamber of commerce here in michigan. he believes this is going to be beneficial to the state. helps him go around the country and around the world promoting jobs in michigan. this will make business more pro-friendly here in michigan. now, some of the workers here today believe it's an issue of fairness. that they believe all the advances that union leadership over the generations have helped to put in effect here in this state are essentially going to be taken advantage of nonpaying members. here's what a member had to say this morning. >> you bring a nonunion worker in there, he gets the same pay i did for no training whatsoever and not doing the job and get representation without having to pay -- i pay union dues. he's going to get the same representation i get and not have to pay. where is that fair? >> reporter: when and if governor snyder signs the legislation a lot of folks will say he's turned his back on the word but the nature of this debate her
the re-election of president obama. i spoke with the head of the chamber of commerce here in michigan. he believes this is going to be beneficial to the state. helps him go around the country and around the world promoting jobs in michigan. this will make business more pro-friendly here in michigan. now, some of the workers here today believe it's an issue of fairness. that they believe all the advances that union leadership over the generations have helped to put in effect here in this state...
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the supreme court ruling in favor of obama care. you weren't successful at the ballot box, the president has just won a second term. >> that's right. our job now is to implement. i don't like the law, i wish it hadn't been passed, i wish the supreme court had overturned it and i wish we had a different election in november but we didn't. we have to deal with the reality. there will be exchanges set up in every state. the question is are we going to run them or have the federal government run them, as the chief executive of the state i didn't feel good about going into this relationship when they wouldn't define what it would look like. people kind of entrusted us with making those sort tkaoef situations, an and as ill defined as it was, it was not the right thing for tennessee. rick: is as john boehner has said, is obama care the law of the land or are we going to continue to see these court of challenges and battles that opponents will hope will finally chip away so that it goes away all together? >> like i said i'm not a fan but i
the supreme court ruling in favor of obama care. you weren't successful at the ballot box, the president has just won a second term. >> that's right. our job now is to implement. i don't like the law, i wish it hadn't been passed, i wish the supreme court had overturned it and i wish we had a different election in november but we didn't. we have to deal with the reality. there will be exchanges set up in every state. the question is are we going to run them or have the federal government...
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the word is president obama >>> mr. speaker, last week the averlicans made a serious offer to the fiscal cliff and most of year bas based on testimony givn last year by president clinton's former chieffo of staff erskinbowles and as he set himself on sunday, we have too t cut spending. well, he's right. has a speg washington has a spending be hone let's be honest, west are broke. president's call for a balanced approach. a lot of people know that the president and i met on sunday. it was a nice meeting. it was cordial. we're still waiting for the white house to see what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. where are the president's spending cuts? the longer the white house slow walks this process the closer our economy gets fought fiscal cliff. -- gets to the fiscal cliff. here's what we know. we know that the president wants more stimulus spending and an increase in the debt limit without any cuts or reforms. that's not fixing our problem.
the word is president obama >>> mr. speaker, last week the averlicans made a serious offer to the fiscal cliff and most of year bas based on testimony givn last year by president clinton's former chieffo of staff erskinbowles and as he set himself on sunday, we have too t cut spending. well, he's right. has a speg washington has a spending be hone let's be honest, west are broke. president's call for a balanced approach. a lot of people know that the president and i met on sunday. it...
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obama it has gone up to $3.5 trillion a year. it sequestration went into effect with the spending cuts, would it take us back to the bush-level? during the bush-level, all of the parks were opened, that teachers had plenty of books, there were plenty of border control and the fbi security, and all the things were going along just great. so, these sequestration cuts, do they take us back to the bush-level, where do they take us back to something like the eisenhower-level, where we really did not have a lot of those modern federal bureaucracies? guest: the government grows a little bit by inertia as population grows and people demand more services, but also during the bush era, a lot more was borrowed. the war in afghanistan and the war in iraq were put on a separate budget, and no revenues were raised for that. the 2001 and 2003 tax cuts created some jobs, but also drove the deficit up a little bit. it is true that president obama has added another third to the national debt, and some of that is his priorities such as the health c
obama it has gone up to $3.5 trillion a year. it sequestration went into effect with the spending cuts, would it take us back to the bush-level? during the bush-level, all of the parks were opened, that teachers had plenty of books, there were plenty of border control and the fbi security, and all the things were going along just great. so, these sequestration cuts, do they take us back to the bush-level, where do they take us back to something like the eisenhower-level, where we really did not...
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. >>> and president obama and house speaker boehner mum on fiscal cliff negotiations. and a sign that a deal could be near. >>> new world order, the economy growing at an enormous rate in china, and in a few years it will surpass the u.s. what it means, coming up. >>> dozens of homes damaged in the south, ripping off roofs and damaging trees. more to come. stamp watch, straight ahead. >>> lots to talk about this morning. the next two hours, we'll talk with steve israel. jeff sessions, sandy levin, rahm emanuel and businessman javier paolomarez, ed burns, frankie monday easy, and chuck leavell. "starting point" begins right now. welcome, everybody. "starting point" this morning, angry, united. bracing for protests in michigan as the state is poised to become the most unionized right to work state. as many as 10,000 unionized workers expected at the state capitol to voice their disapproval of the measure. some of them teachers, two detroit area school districts shut down for the day as hundreds of teachers plan to join the protest. president obama brought it up during a
. >>> and president obama and house speaker boehner mum on fiscal cliff negotiations. and a sign that a deal could be near. >>> new world order, the economy growing at an enormous rate in china, and in a few years it will surpass the u.s. what it means, coming up. >>> dozens of homes damaged in the south, ripping off roofs and damaging trees. more to come. stamp watch, straight ahead. >>> lots to talk about this morning. the next two hours, we'll talk with...
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obama said the administration will recognize a coalition of syrian opposition groups. online, we look at a truly long- term reporting assignment. hari sreenivasan has more. >> sreenivasan: paul salopek is about to spend seven years tracing the ancient path of human migration around the globe. we talked about his route, the shoes he'll wear, and his emphasis on "slow journalism." and what's it like to have breast cancer in the poorest nation in the western hemisphere? that's next from our series with "pri's the world" on cancer in the developing world. all that and more is on our web site, newshour.pbs.org. ray? >> suarez: and that's the newshour for tonight. on wednesday, we'll look at the world in the year 2030. one intelligence report projects china will be on top economically, and the u.s. will be energy-independent. i'm ray suarez. >> woodruff: and i'm judy woodruff. we'll see you online, and again here tomorrow evening. thank you, and good night. major funding for the pbs newshour has been provided by: >> bnsf railway. and by the alfred p. sloan foundation. suppor
obama said the administration will recognize a coalition of syrian opposition groups. online, we look at a truly long- term reporting assignment. hari sreenivasan has more. >> sreenivasan: paul salopek is about to spend seven years tracing the ancient path of human migration around the globe. we talked about his route, the shoes he'll wear, and his emphasis on "slow journalism." and what's it like to have breast cancer in the poorest nation in the western hemisphere? that's next...
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president obama met with house of representatives speaker boehner over the weekend. we did not hear anything from either one of them so folks could think a deal is in the works. and now, speaker boehner is pointing the finger at the democrats and harry reid says it will be hard to get anything done before christmas. we will get our shopping done and hold you accountable later. and now, mike, speaker boehner said the meet was friendly but not productive. >>reporter: you get a sense that president obama and speaker boehner get along fine but today boehner hammered the president essentially making the point that if he got the tax increases he wants, we would still face trillion dollar deficits. here is more from speaker boehner on cutting spending. >> the president doesn't agree with our approach, he has an obligation to put forward a plan that can pass both chambers of the congress. right now the american people have to be scratching their heads and wondering when the president will get serious. >>reporter: you hear frustration from the speaker of the house and we hear
president obama met with house of representatives speaker boehner over the weekend. we did not hear anything from either one of them so folks could think a deal is in the works. and now, speaker boehner is pointing the finger at the democrats and harry reid says it will be hard to get anything done before christmas. we will get our shopping done and hold you accountable later. and now, mike, speaker boehner said the meet was friendly but not productive. >>reporter: you get a sense that...
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obama wants to raise them for households earning more than $250,000 a year. he has so far resisted gop demands for spending cuts to health care or education. >> i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks and then we're asking students to pay higher student loans. >> reporter: even so, democrats worry mr. obama might cave to republicans, their biggest fear, the president will do what he considered in 2011, raise the eligibility age for medicare, a top house democrat monday warned the white house to tread lightly. >> now that would save a lot of money for the federal government and look good on the balance sheet but he's not going to vote for it and i'm not going to vote for it. >> reporter: this is a big part of the story to come. if there's a deal that's a huge break-through but lawmakers still have to vote for it and democrats oppose large structural cuts to medicare and most republicans oppose income tax rates on the so-called wealthy. that's why lawmakers were told not to make bi
obama wants to raise them for households earning more than $250,000 a year. he has so far resisted gop demands for spending cuts to health care or education. >> i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks and then we're asking students to pay higher student loans. >> reporter: even so, democrats worry mr. obama might cave to republicans, their biggest fear, the president will do what he considered in 2011,...
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the "the obama hate machine" having failed to dislodge obama now failing again to destroy labor unions. they were the biggest -- big big, big contributors in the campaign against the measure to put -- to enshrine collective bargaining in the michigan constitution. that initiative on the ballot november 6th which failed sadly in michigan. the koch brothers helped kill it. and now the koch brothers are of course, fueling this so-called right-to-work legislation and it's american legislative exchange council alec, that wrote the legislation that the michigan legislature adopted. peter, how do we weigh in on this? >> go to bpshow on twitter. we have all of the information there. right now, we're tweeting the governor rick schneider who his twitter handle is onetoughnerd. find him there under michigan.gov/governor. >> bill: let's break that one tough nerd. if you go to our web site, you'll get his telephone number and e-mail address. don't sign this legislation! one final point, "new york times" reporting this morning the average wage in right to work states for average worker, $57,732. in
the "the obama hate machine" having failed to dislodge obama now failing again to destroy labor unions. they were the biggest -- big big, big contributors in the campaign against the measure to put -- to enshrine collective bargaining in the michigan constitution. that initiative on the ballot november 6th which failed sadly in michigan. the koch brothers helped kill it. and now the koch brothers are of course, fueling this so-called right-to-work legislation and it's american...
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obama can stand pat and he's doing it right now. he can be cool hand luke. >> i think that's the way he is playing, very cool. thank you. he's going to force john boehner to come out and say what he wants done to protect the rich people or not protect them. thank you ron reagan, thank you and dana mill ban. >>> a big anti-union vote in mooer michigan is coming up. a right and left going at it. it isn't about gutting unions. a lot of people think so. stf about lowering wages and hurting democrats? you bet. >>> plus the most talked about movie in hollywood hasn't even talked about. it's about torture. many critics say "zero dark thirty" suggests without torture we wouldn't have gotten the guy. it's going to be hot. >>> and the gop's favorite supreme court justice scalia just came out with a sugar plum. if we can't have moral feelings request homosex you'llity, can we have it against murder? can we have it against other things? >>> finally, let me finish with the problem with judge scalia. i think you just heard it. this is "hardball,"
obama can stand pat and he's doing it right now. he can be cool hand luke. >> i think that's the way he is playing, very cool. thank you. he's going to force john boehner to come out and say what he wants done to protect the rich people or not protect them. thank you ron reagan, thank you and dana mill ban. >>> a big anti-union vote in mooer michigan is coming up. a right and left going at it. it isn't about gutting unions. a lot of people think so. stf about lowering wages and...
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when you compare the obama plan and the rise in budget plan, the obama plan is closer to simpson- bowles in terms of spreading the pain, protecting the most vulnerable and increasing revenue than the paul ryan plan is. apples-to-apples, simpson- bowles would increase tax revenue by about 4%, and the obama plan by about 3%, but the difference is the obama plan allows so -- allows for rates to rise. business leaders understand the need for more revenue. fix the dead -- when the key principles is more revenue -- , one of the key principles is more revenue. whether this support letting rates rise, or the simpson- bowles planned in getting -- and in giving away tax expenditures, it depends on the nature of their business, but they generally agree that they need new revenue and it needs to be offset with income reforms and that we need to get going. we cannot make it harder for ourselves by going over the cliff. host: spending needs to be on the table? guest: s, and i go back to simpson-bowles. if you look at the february budget presented by the president, and the march plan presented by chair
when you compare the obama plan and the rise in budget plan, the obama plan is closer to simpson- bowles in terms of spreading the pain, protecting the most vulnerable and increasing revenue than the paul ryan plan is. apples-to-apples, simpson- bowles would increase tax revenue by about 4%, and the obama plan by about 3%, but the difference is the obama plan allows so -- allows for rates to rise. business leaders understand the need for more revenue. fix the dead -- when the key principles is...
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where you found that, he's already taken 700 billion out in savings for obama care, so we don't know where that was actually going to be. >> how does this play out. is it possible you guys go home for the holidays without a deal done? you've been told what about christmas and the day after? >> we've already been told to prepare to come back after christmas because this may not be finished. >> when were you told that? >> eric cantor at our conference. the reality, and i hate this, it really frustrates me, but sometimes deals don't get done until there's one minute left on the clock rainfall according to the urban institute, cato institute, other research institutions, typical household will extract $3 of medicaid for every $1 they pay in. a single working household, six to one. $6 for every $1 they pay in. >> no wonder we're bankrupt. >> are you willing to tell people no? are you willing to tell grandma, dad, look, you can't have this. >> there is a lot of inefficiencies in medicare. just the way the system is done breeds that kind of waste in the system. if we're going to do medicare
where you found that, he's already taken 700 billion out in savings for obama care, so we don't know where that was actually going to be. >> how does this play out. is it possible you guys go home for the holidays without a deal done? you've been told what about christmas and the day after? >> we've already been told to prepare to come back after christmas because this may not be finished. >> when were you told that? >> eric cantor at our conference. the reality, and i...
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former obama adviser and co-founder of rebuild the dream. so van, apart from my bad grammar, how close do you think president obama and speaker boehner are to a deal? and from your perspective, is a bad deal better than no deal? >> well, no. i think a bad deal is a bad deal and we shouldn't accept it. republicans have the problem that all of the polls show the vast majority of the american people say that -- people who have done well in america should do well by america and start paying america back. this tax break, even george bush didn't want it to be permanent. somehow, republicans have gotten hung up on this one thing, turning tax policy in to theology. they can't let it go. it has united the democratic party against them, and now most of the american people are on the other side of the debate. we can't talk about spending until we get out of the corner. >> ari, how much of the republican opposition is based on principle, to the raising of taxes on the wealthiest is based on principle and how much is based on a fear that they may face a
former obama adviser and co-founder of rebuild the dream. so van, apart from my bad grammar, how close do you think president obama and speaker boehner are to a deal? and from your perspective, is a bad deal better than no deal? >> well, no. i think a bad deal is a bad deal and we shouldn't accept it. republicans have the problem that all of the polls show the vast majority of the american people say that -- people who have done well in america should do well by america and start paying...
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how are those behind the scenes talks going between president obama and the speaker? >> i want people to know that the president and i met on sunday. it was a nice meeting. it was cordal. we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. you know, where are the president's spending cuts? >> flash point, syria. has assad backed off his chemical weapons threat? >> we haven't seen anything new for aggressive steps to move forward in that way. >> and hair envy. what will harry reid miss most about retired senator ben nelson? >> he had a lot of real hair. it's often that people call his office -- they believe he has a toupe. it's his hair. he will pull it for every time just to show you that it's real. i mean, he has hair like a 15-year-old, mr. president, and so i have to acknowledge i am a little envious of his hair. ♪ i want it long, straight, curly, fuzzy ♪ >> you wonder why we don't have a budget deal yet. good day. i'm andrea mitchell live
how are those behind the scenes talks going between president obama and the speaker? >> i want people to know that the president and i met on sunday. it was a nice meeting. it was cordal. we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. you know, where are the president's spending cuts? >> flash point, syria. has assad backed off his chemical weapons threat?...